A sunk cost is money, time, or effort that has already been spent and cannot be recovered. A sunk cost expense refers to the loss of time, money, or effort, which you can't get back. If you let ...

Indeed, one of the most difficult behavioral biases to overcome when investing is the sunk cost trap. Here's what you need to know. First of all, you need to know the definition of a sunk cost.

The Falcons may look ridiculous for touting Kirk Cousins as a very expensive backup, but that's much smarter than what other teams do with sunk-cost quarterbacks. Unfortunately for Atlanta ...